Get started

ETF market

Long SPY: Key Levels Indicate a Bullish Breakout Next Week- Key Insights: The S&P 500 ETF (SPY) has demonstrated strong bullish momentum, rising by approximately 1.25% last week. Analysts see potential for SPY to surpass the critical $600 level, which, if breached, could trigger increased buying activity. Monitoring resistance and support levels is crucial for assessing potential price action in the upcoming week. - Price Targets: - Next week targets: - Target Price 1 (T1): $596 (initial short-term target based on bullish momentum) - Target Price 2 (T2): $598 (anticipating further price advancement) - Stop levels: - Support Level 1 (S1): $590 (current support indicating strength) - Support Level 2 (S2): $580 (strong support level in case of pullbacks) - Recent Performance: SPY's recent activity has showcased notable strength, consistently closing above key support levels with bullish indicators pointing towards continued upward momentum. The ETF is currently trading at $591.95, just shy of the critical resistance ceiling. - Expert Analysis: The sentiment among market analysts remains positive, with expectations that both SPY and the Nasdaq (QQQ) will reach new all-time highs. This overall bullish outlook is bolstered by strong investor demand and favorable macroeconomic indicators. Careful monitoring of resistance levels is essential as they may determine the immediate market trajectory. - News Impact: While specific news items were not highlighted, the general sentiment aligns with broader economic trends suggesting continued bullish strength. Key economic data releases and earnings reports from major companies within the S&P 500 will be pivotal in shaping SPY's performance. Additionally, heightened gamma exposure around the $600 strike indicates potential for increased volatility, which could lead to significant market fluctuation.
AMEX:SPYLong
by CrowdWisdomTrading
2
1/6 Weekly Watchlist + NotesIndexes - SPY had a really interesting start to the year this past week. For starters, we went 2-1-2d and hit magnitude on Thursday before seeing price retrace back through all of the weeks previous range before making new weekly highs, and closing green. We now have 1-2-2U potential on all indexes, as well as a LOT of names off my scanner. Its also worth noting that we poked through previous month lows on all indexes before seeing a reversal back into previous range. This now opens up the potential for outside months on all indexes (AKA engulfing bars) which will be evidenced by our weekly setups triggering the 1-2D-2U and targeting the previous month's midpoint on all indexes to trigger the SSS50% rule (Which essentially says when you break one side of previous range and then retrace more than 50% of the previous candles range, you are now closer to taking out that other side than you are to reclaiming the side that was already taken out. It doesn't necessarily mean price is more likely to go to the other side, but it does mean that there is less room to the other side than their is to the one side broken, which means it is fundamentally less difficult to achieve since it would require less effort from one group (in this case buyers) to reclaim one side vs the effort it would take the other group (Sellers) to reclaim the level broken already. This week it is evident we have all the setups and evidence needed to start heading back towards ATH on the indexes, but it will depend on whether we can actually take out previous week highs, and then remain above them. Simply put, if price is above previous week highs, we are seeing an attempt to reclaim the previous weekly highs all the way up to ATH. If we break above previous highs and fail to stay above, then we are seeing a failed attempt from buyers, and we can look to target previous week lows. If inside week, we just rely on what is happening each day to see where daily participants are attempting to take price. If price is stuck inside previous week range, trade something that isn't. The watchlist for the week will include the best bullish setups, and also looking for relative weakness in what is currently a strong market (as evidenced by the majority of stocks on all indexes being green on the previous day and week). Bullish: NYSE:LUV - Big hammer daily that took out a lot of daily pivots below on friday. Hammer week as well, but having mother bar issues on the week as well as M being inside despite large drawdown Friday. Sort of expecting a big move or big fail this week. NASDAQ:AMD - Revstrat hammer week at M/Q Exhaustion level NASDAQ:SMCI - 2-2U weekly to counter M going 2D. Daily BF looking to expand. (played this 2 weeks ago for downside, now we have evidence to go long back through range) NYSE:NET - 3-2U W to target ATH NASDAQ:MSFT - 2-1-2U D to trigger W hammer 2-2 to negate monthly 2-2 rev. Daily PMG as well Bearish: NYSE:KO - 3-1-2d shooter D, 2-1-2 W, 2-1-2 M. 3 Actionable signals that could all trigger and hit targets easily this week, if not all on Monday alone NYSE:DG Revstrat shooter W to trigger monthly 2-2D. Nice weekly Broadening Formation NASDAQ:DLTR - Failed 2U Week that triggered SSS50% rule. Looking to quickly drop back through previous range to take this month failed 2U to 3. DG also looking weak so slight industry support here too. Neutral: NASDAQ:AVGO - 2x Inside week. No daily AS, but seemingly making a new BF within the combined range of the 2 days after their recent ER. Weekly participants lacking control since then and currently showing evidence of sellers trying to take out LOD from ER gap up day. Can trade this either way since compound inside bars typically result in outside bars following.
AMEX:SPYLong
by Alanger17
1
SPY Set for a Breakout? Key Levels to Watch on January 6thTechnical Analysis (TA): 1. Trend Overview: * SPY is attempting to recover from the recent downtrend. * The price is consolidating near the $592 resistance level with a potential breakout setup. * Support near $585 has been respected, marking it as a critical level. 2. Key Levels: * Support: $585, $581 * Resistance: $592, $600 * Watch for a breakout above $592 for potential bullish momentum or a breakdown below $585 for a bearish move. 3. Indicators: * MACD: Showing bullish divergence, indicating momentum is building. * Volume: Uptick in volume on recent moves, adding credibility to the trend. * RSI: Near neutral; no overbought/oversold conditions. 4. Price Action Forecast: * Above $592: Expect a move toward $600 if momentum sustains. * Below $585: Potential retest of $581 or lower. GEX (Gamma Exposure) for Options: 1. GEX Levels: * Call Resistance: $595 (39.97%), $600 (44.29% GEX). * Put Support: $585 (-5.34% GEX), $581 (-5.34%). 2. Directional Bias: * Positive gamma above $592 could trigger controlled upward movement. * Below $585, negative gamma may accelerate selling pressure. 3. Options Strategy: * Bullish: Enter calls above $592 targeting $600 with tight stop-loss near $590. * Bearish: Enter puts below $585 targeting $581 with a stop-loss at $588. Conclusion: SPY is trading at a critical juncture with potential for volatility around key gamma levels. Traders should watch $592 and $585 for directional cues. Gamma suggests significant resistance near $600 and strong support at $585, aligning with current technical levels. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own due diligence before trading.
AMEX:SPY
by BullBearInsights
after the Doji CandleBottom indicator recently stopped flashing; followed by a Marubozu candle after a Doji candle was previously printed, and there is price action moving upward from the bottom of an upward parallel channel. The MACD (Chris Moody) is showing signs of possibly having a bullish cross over and stochastic RSI is in the oversold region. These confluences may indicate a possible future positive price action, please be safe and doublecheck the charts and have a nice day.
AMEX:ARKK
by paper_Trader1775
Keep Investing for Your Future: Why Consistency Pays OffInvesting isn’t just for the wealthy or financial experts—it's for anyone looking to secure a better tomorrow. One of the most powerful actions you can take today is to keep investing for your future. Whether it’s through stocks, bonds, real estate, or retirement accounts, consistent investing can help you build wealth over time. The key to success is not trying to time the market, but staying disciplined. Small, regular contributions may not seem like much now, but thanks to compound interest, they can grow significantly over the years. Think of it as planting seeds today and watching them grow into a fruitful garden for tomorrow. Another reason to keep investing is the inevitable ups and downs of life. While markets may fluctuate, historical trends show that over long periods, they generally rise. By keeping your investments steady, you can weather short-term volatility and benefit from long-term growth. It’s never too early to start, and the more time your money has to grow, the better. So, whether you're just starting or have been investing for years, remember that consistency, patience, and a long-term outlook are your best allies. Keep investing for your future—it’s an investment in yourself. The S&P 500 offers broad market exposure, representing 500 of the largest U.S. companies, which provides a diversified foundation for any investment portfolio. Its historical performance has shown steady, long-term growth, making it a reliable choice for building wealth. Additionally, the S&P 500 is relatively low-cost and accessible, making it ideal for both beginner and experienced investors alike.
AMEX:SPYLong
by ROMLUCK
Where is the Stock Market Heading? Forecast & Analysis thread!Where is the Stock Market Heading? 📈📉 Stock Market Forecast & Analysis🧵 In this thread, we’re breaking it down for you: -TA on TVC:VIX NASDAQ:QQQ AMEX:SPY AMEX:IWM TVC:VIX -Economic Data -Insights & Predictions Let's dive in friends! Not financial advice NASDAQ:QQQ Monthly Chart analysis: -H5 Indicator is GREEN -We are above 9ema and smoothing avg. Most importantly we are still within our Williams Consolidation Box which is my personal strategy I use with the Wr%. As long as we stay within the confines of this Box we will continue to climb higher on the Q's outside of pullbacks. Weekly Chart Analysis: -H5 Indicator is GREEN -Held volume shelf -Wicked back above 9ema (BULLISH) -Ascending triangle patterns Measured Move has not been realized yet. $580 -Created a Hammer Candle which is a reversal candle found at the bottom of downtrends, pullback, or corrections. Had a Normal 6% Pullback and bounced hard around the S/R Zone. Everything I'm seeing is BULLISH going into CES2025 week and I believe we continue back to ATH's! TVC:VIX First up we have the Volatility AMEX:SPY Index which spiked up due to the FED dropping a FUD Nuke on the markets heading and causing the largest one day volatility spike in 2024. But, as you see below we have fallen in line since that day. We have created a bearish flag pattern and broken down through the base and should continue to flush lower. Keep in mind 60-70% of breakouts (either direction) come back to retest the point of the breakout area. Could see this happen with FOMC minutes being released this Wednesday. AMEX:SPY Monthly Chart analysis: -H5 Indicator is GREEN -We are above 9ema and smoothing avg. -Wicked off previous resistance flipped into support Most importantly we are still within our Williams Consolidation Box and thriving! $650 2025 PT! Weekly Chart Analysis: -H5 Indicator is GREEN -Wicked back above smoothing line -Created a Hammer Candle right above 9ema Had a Normal 4.35% Pullback and bounced hard around the S/R Zone. Everything I'm seeing is BULLISH going into CES2025 week and I believe we continue back to ATH's on the SPY! AMEX:IWM As I've stated in other posts the CAPITALCOM:RTY typically runs and plays catchup to the SPY and QQQ towards the end of bull runs and before the big corrections or crash comes. Weekly Chart Analysis: -At the bottom of an uptrend channel -Sitting on a massive volume shelf -At a massive S/R area -At the retest point for the Multi-Year CupnHandle breakout! With a Measured Move up to $306. Thats the same measurement of the CAPITALCOM:RTY catching back up to the $SPY. ECONOMICS:USCIR - Core Inflation Rate YoY Inflation is dead and falling like a rock! I don't hold any weight into what the FED was saying about inflation when he was the Grinch and spreading FUD. The FED is always to slow to do what is needed to be done and right now that is to continue to cut before things in the economy start to break due to higher rates. They raised rates to SLOW and they are choosing to cut rates to SLOW! What I'm seeing is we will continue to fall with small pockets of bounce backs in inflation on the overall down trend to sub 3 then sub 2 as you can see on the chart with the yellow levels. Overall Economic numbers are very positive and have been beating what the experts have been forecasting in December. We have some more data coming out this week and we will see if that trend continues. Like I said in a separate post, the FED has been talking about a boogeyman and spreading FUD but the DATA and NUMBERS show the BOOGEYMAN isn't REAL! Thanks for reading friend! If you enjoyed this analysis and forecast of the markets please like/ follow/ share if you feel I deserved it! ALL SOCIALS/ LINKS IN SIGNATURE BELOW AND PROFILE.
AMEX:SPYLong
by RonnieV29
4
Important Warning for 2025:There’s a big problem brewing in the economy. A chart shows that regional banks’ stock prices are under a lot of pressure. This means small, local banks (like those serving small towns in Pakistan) are facing trouble. If these banks struggle, it can cause problems for the overall economy. In 2025, we might see tough economic times, so anyone trading or investing should be very careful. Instead of showing you the chart directly, I’ll guide you on how to make and understand your own chart. This way, you’ll know how to analyze and trade stocks, crypto, or gold. What is Happening? This chart shows the bear flag pattern and a breakdown of support levels, signaling a potential fall in regional bank stocks. Trade Setup Details: 1. Entry Point: • Short Entry: Enter if the price stays below $58 (confirming a breakout). • Why? Breaking $58 means the price is likely to fall further. 2. Stop Loss: • Set your stop loss above $60. • Why? If the price moves above $60, the bear flag pattern is invalid, and the trend could reverse. 3. Profit Targets: • Target 1 (T1): $54 • Why? This is the next strong support level. • Target 2 (T2): $50 • Why? A longer-term support level from June 2024. • Target 3 (T3): $48 • Why? If $50 breaks, $48 is the ultimate support level. 4. Risk-Reward Ratio: • Risk: $2 (Entry at $58, stop loss at $60) • Reward: $4-$10 (Targets $54, $50, $48) • Why? The reward is higher than the risk, making this a safer trade. Summary: Regional bank stocks are showing warning signs, and this could affect the economy in 2025. Understand and practice these trade setups, manage your risk, and always analyze charts before making a decision. The more you practice, the better you’ll get at predicting trends
AMEX:KREShort
by Nikezayyn
$SPY January 5, 2025AMEX:SPY January 5, 2025 My first post for the year 2025. 60 Minutes. Downtrend intact. For the fall 602.47 to 580.50 50% retracement done as there a divergence for the 2 lows 580.91 and 580.50. So, for the rise 580.0 to 592.6 on Monday holding 587.5-589 levels we can expect 595 as initial target. for the steep fall from 607 to 580 i would like some more consolidation. Technically buy will be triggered only above 610 on closing basis in daily. No trade for me on Monday. Not a good setup.
AMEX:SPY
by RiderTrader
What's Brooding in the Energy Sector AMEX:XLE (Energy) Last week, in the COT data report of 24th December 2024, it began to suggest to me that a move was brooding on Heating Oil. Suggesting a trend on the way but I will need more price action data to ascertain it. Not withstanding I have to look for more evidence to support this. Right in this chart below we have Monthly - Buy Zone contacted Weekly - Sellside Liquidity taken Daily - I did like to see retest of that demand area and a quick reaction to the up. I will keep watching, how we approach Dec 2024 high and April 2024 high is important for any further upside to begin. Until then I keep studying.
AMEX:XLE
by gammon_keypads_0g
Bullish China Tech in Short TermChina theme seems too beaten down but looks like Chinese Tech will pop up in short to medium term. Entry : 36 Stop Loss: 34.50 Exit: 48 to 54 Range (Depending on how the trade unfolds) Time: End of Feb 2025 This could be a good 25-30% gain. All the best. Marketpanda Disclaimer: The information provided is for general informational and educational purposes only, and does not constitute financial, investment, or legal advice. None of the content shared should be relied upon as the sole basis for making investment decisions. Prior to making any financial or investment decisions, it is strongly recommended that you consult with a qualified financial advisor, accountant, or other professional who is familiar with your individual circumstances and risk tolerance. Any reliance you place on the information presented is strictly at your own risk, and we are not responsible for any losses, damages, or liabilities resulting from your investment or trading activities.
AMEX:CQQQLong
by marketpanda123
SPY Chart: Buy the DipsSummary The S&P 500 (SPY) is still in a bullish trend. This chart focuses on buying dips instead of selling. Key buy zone is marked in the green box. Key Points Buy in the Green Box: This area is where SPY is expected to bounce back. Targets are $602.30 and $624.29. Support and Stop-Loss: Stop-Loss: $560.66 – If SPY falls below this, the bullish trend may be invalid. Support Zone: Between $563 and $573, as highlighted by Fibonacci levels. Invalidation Level: If SPY breaks below the red line at $510.50, we’re no longer in a bullish cycle. Upside Potential: As long as SPY stays above the green zone, it can move toward higher targets. Simple Plan 1. Wait for SPY to drop into the green box before buying. 2. Avoid selling SPY; it’s better to focus on buying dips in this setup. 3. If SPY goes above the (X) wave, the bearish scenario is invalid. Key Message This chart is about staying patient and waiting for the right time to buy. The green box is your chance to get in before the next rally. Let me know your thoughts in the comments below! 🚀
AMEX:SPYLong
by MrStockWhale